A competency or performance review profile is a template that consists of a set of competences or attributes, which is used to assess the competences of the applicants and/or employees.
These competences and attributes can be rated using ratings that are defined in the system. It is also possible to define your own ratings based on your own requirements.
This document will provide the basis on how the ratings are calculated using the methods available, which are the Average, Percentage, and Summation methods.
This document is divided into the following sections for better viewing:
Before the final ratings for the competency and/or performance review profiles can be calculated, you need to select the preferred calculation method at the general or division settings. For more information, see Defining HRM General Settings or Creating and Modifying Divisions. Also, the process for the competency or performance review management must be completed before the calculation can be carried out. For more information, see Viewing Competency Profiles of Applicants, Viewing Competency Profiles of Employees or Viewing Performance Review Profiles.
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The examples of the calculations are based on the profile and scores given in the following screen:
See the table below for the field values used in calculating competency and performance review profiles using the Average method:
Formula:
Based on the scores given for the profile and the field values in the table,
The score for Knowledge
= Sum of (Value of code A x Weight for Product knowledge) + (Value of code B x Weight for Technical knowledge) / Sum of (Quantity of Product knowledge x Weight) + (Quantity of Technical knowledge x Weight)
= [(90.00 x 1) + (50.00 x 1)] / [(1 x 1) + (1 x 1)]
= 140.00 / 2
= 70.00
From the table, the score of 70.00 falls in the range of "40 - 79.99". Thus, the score for Knowledge is B.
The final rating
= Sum of (Value of code B x Weight for Knowledge) + (Value of code C x Weight for Creativity) / Sum of (Quantity of Knowledge x Weight) + (Quantity of Creativity x Weight)
= [(50.00 x 2) + (20.00 x 1)] / [(1 x 2) + (1 x 1)]
= 120.00 / 3
= 40.00
From the table, the score of 40.00 falls in the range of "40 - 79.99". Thus, the final rating filled at Rating is B.
See the table below for the field values used in calculating competency and performance review profiles using the Percentage method:
= [Sum of (Value of code A x Weight for Product knowledge) + (Value of code B x Weight for Technical knowledge) / Sum of (Value of highest field value x Weight for Product knowledge) + (Value of highest field value x Weight for Technical knowledge)] x 100%
= {[(90.00 x 1) + (50.00 x 1)] / [(90.00 x 1) + (90.00 x 1)]} x 100%
= (140.00 / 180.00) x 100%
= 77.78
From the table, the score of 77.78 falls in the range of "71 - 100". Thus, the score for Knowledge is A.
= [Sum of (Value of code A x Weight for Knowledge) + (Value of code C x Weight for Creativity) / Sum of (Value of highest field value x Weight for Knowledge) + (Value of highest field value x Weight for Creativity)] x 100%
= {[(90.00 x 2) + (10.00 x 1)] / [(90.00 x 2) + (90.00 x 1)]} x 100%
= (190.00 / 270.00) x 100%
= 70.37
From the table, the score of 70.37 falls in the range of "41 - 70.99". Thus, the final rating filled at Rating is B.
See the table below for the field values used in calculating competency and performance review profiles using the Summation method:
Result of final rating = Sum of (the value of each rated competency or attribute x Weight of the competency or attribute)
= Sum of (Value of code A x Weight for Product knowledge) + (Value of code B x Weight for Technical knowledge)
= (9.00 x 1) + (6.00 x 1)
= 15.00
From the table, the score of 15.00 falls in the range of "5.01 - 15". Thus, the score for Knowledge is B.
= Sum of (Value of code B x Weight for Knowledge) + (Value of code C x Weight for Creativity)
= (6.00 x 2) + (3.00 x 1)
From the table, the score of 15.00 falls in the range of "5.01 - 15". Thus, the final rating filled at Rating is B.